📊NEUTRAL: $DOGE (4H)

#DOGEUSD | #DOGE | #Dogecoin

Current Price $0.41

Market Cap $60.15B

Change 1h -0.00% | 24h -11.66%

4-Hourly Indicators:

• RSI: 47 - Neutral 🟠

• MACD: 0.01 - Bullish 🟢

• EMA: 0.40 - Below 🔴

Analysis:

DOGE recently broke out of a bull pennant, hinting at potential upward momentum. However, we’re now retesting the breakout level, a pivotal area to watch. A failure to hold here might lead to a downward trend, so keeping an eye on market reactions is crucial.

Price Targets:

If support holds, expect a rally towards $0.45 and potentially $0.50. On the downside, failure to maintain support could see prices dropping to $0.37 or even $0.35. Stay alert to shifts in momentum!